Reiterated Chipotle Mexican Grill (NYSE:CMG) Rating.

In an analyst note revealed to investors and clients by Wells Fargo’s equity analysts, Chipotle Mexican Grill (NYSE:CMG) had it’s stock Rating reconfirmed to Market Perform. On Thursday, 28 June it has $405 or -6.58 % target price per share that gives a potential downside move.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Ratings Coverage

Total analysts of 28 have positions in Chipotle (NYSE:CMG) as follows: 7 rated it a “Buy”, 3 with “Sell” and 18 with “Hold”. The positive are 25%. Since January 2, 2018 according to StockzIntelligence Inc Chipotle has 63 analyst reports. On Thursday, April 26 the firm has “Buy” rating given by Piper Jaffray. In Tuesday, January 30 report Wells Fargo maintained it with “Market Perform” rating and $300 target. On Tuesday, January 30 the firm has “Neutral” rating given by Nomura. On Wednesday, February 7 Bank of America maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) with “Underperform” rating. In Thursday, April 26 report Robert W. Baird maintained the stock with “Buy” rating. On Tuesday, February 20 the company was upgraded by Stifel Nicolaus. On Wednesday, April 25 the firm earned “Hold” rating by BMO Capital Markets. On Wednesday, February 14 UBS maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating. UBS has “Sell” rating and $275.0 target. On Thursday, June 28 the rating was maintained by Wells Fargo with “Market Perform”. On Wednesday, February 7 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Hold” rating given by Canaccord Genuity.

CMG touched $433.54 during the last trading session after $5.18 change.Currently Chipotle Mexican Grill, Inc. is downtrending after 10.89% change in last June 29, 2017. CMG has 517,404 shares volume. CMG underperformed the S&P 500 by 23.46%.

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants.The firm is valued at $12.05 billion. As of December 31, 2017, it operated 2,363 Chipotle restaurants throughout the United States, as well as 37 international Chipotle restaurants; and 8 non-Chipotle restaurants.The P/E ratio is 64.79.